LIC policyholders need to update PAN details by February 28 to participate in IPO
The Hindu
The PAN updation can be done on LIC's website either directly or with the help of agents
Life Insurance Corporation of India (LIC) has asked all its policyholders to update their Permanent Account Number (PAN) details in their policy record by February 28 to be eligible for participating in its upcoming public issue, according to the draft red herring prospectus (DRHP).
On February 13, the state-run insurer filed draft papers with capital market regulator Sebi for an estimated ₹63,000 crore.
Starting February 1, new excise duties and a health cess on tobacco and pan masala will be implemented, replacing existing levies.
Starting February 1, new excise duties and a health cess on tobacco and pan masala will be implemented, replacing existing levies.